#banking

First Hawaiian Bank Signals Recovery with Business Up First Quarter

Reporting a 10.17 percent increase over last year, First Hawaiian Bank’s strength is signaling a recovery in the making.

Central Pacific Financial 1-for-20 Stock Split Starts Trading Tomorrow

Central Pacific Financial Corp. (CPF), parent company of Central Pacific Bank (CPB), today announced that the one-for-twenty reverse stock split of its outstanding common stock will begin trading tomorrow, February 3.

Bank of Hawaii Net Income Grows 27.7% in 2010

By Sonia Isotov While the Bank of Hawaii (BOH) yesterday reported flat net income for the 4th quarter 2010, and for the year, BOH reported a 27.7% net income increase. Bank of Hawaii Corporation yesterday reported net income of $40.6 million or $0.84 per diluted share for the fourth quarter of 2010 compared with $40.5 […]

Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action

Over the past several months, the parent company of Central Pacific Bank (CPB), the Central Pacific Fund, Inc. (CPF) announced various transactions in connection with its proposed $325 recapitalization effort.

First Hawaiian Bank Posts 5.8% Earnings Increase for 2010

First Hawaiian Bank reported net income of $50.2 million for the fourth quarter 2010, a 4.0 percent gain over the comparable fourth quarter.